gst on readymade garment
Mayank Rghuvanshi (24 Points)
25 August 2017Mayank Rghuvanshi (24 Points)
25 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 25 August 2017
On net bill amount after discount over MRP, if any.
prasad
(EMPLOYEES)
(315 Points)
Replied 26 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 26 August 2017
Yes, that is input GST........ but when you sell you have to charge GST and take input credits of what you had paid (provided you are under regular scheme). GST is charged/added over each transactions on added value, and getting credits of earlier one.
prasad
(EMPLOYEES)
(315 Points)
Replied 26 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 26 August 2017
The above discussion is for sellers....... not for customer. Customer has to pay GST only once at the time of purchase........ that too based on purchase price, if less than MRP. So, no need to pay GST again, relax.........